The Federal Low Income Subsidy (LIS) program helps Medicare Part D beneficiaries pay the costs associated with a Part D prescription drug plan. To be eligible to participate in the program, the insured must meet certain asset and income levels that can change annually, and they must also have Medicare Parts A & B plan premiums. Part D plan premiums can be covered from 25 to 100 percent, depending on where it is located The recipient is at the Federal Poverty Level (FPL). For 2021, California’s annual gross income limits are $19,560 for singles and $26,370 for married couples.
Qualified dual full benefits, those receiving SSI, and those enrolled in a Medicare savings plan are automatically eligible for the program. Late registration fines may also be reduced or waived upon registration. Consumers who become eligible for a LIS have a special registration election period that can be used once every three months from January through September.